Question : Factor income is a part of _______________.
Option 1: Domestic income
Option 2: National income
Option 3: Both A and B
Option 4: None of the above.
Answer (1)
12th Jan, 2024
Correct Answer: Both A and B
Solution :
Factor income is a part of both domestic and national income. Interest, rent, profit, etc are the part of domestic income whereas net factor income from abroad is a part of national income.
Hence, Option C is correct.
Comments (0)
